E-commerce startup Alphatise is up for sale after it collapsed into voluntary administration last week.
Administrators Deloitte this morning advertised for urgent expressions of interest for the sale or recapitalisation of the business in The Australian Financial Review.
The ad reveals Alphatise has used the $4.5 million seed capital it raised last year after its launch to develop its platform “which is still continuing to evolve”.
Alphatise allows consumers to request a product they want to buy and say how much they’re willing to pay for it. The company then gives retailers the opportunity to match that deal.